Tuesday, June 10, 2008
That’s more like it
Credit crunch leaves thousands facing negative equity
We've been bombarded with this nonsense about 23,000 being in Nequity. The chap from Citigroup reckons it's 250,000 already, and his magic fag packet says for every 1% fall in prices roughly another 70,000, which is not far off what I reckoned.
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